127 Rosefield Ct, Summerville, SC 29485
5 beds · 4 baths · 2,270 sqft
What a rare find- a FIVE bedroom townhome with DUAL PRIMARY SUITES. Did I mention it was also an END UNIT? This beautiful townhome has so much to offer. With a sought after open concept floor plan, this home is perfect for families and those who love to entertain. There is a one car garage and a large driveway that can easily accomodate 3-4 cars. When you enter you will be happy to see a light and bright open floorplan offering LVP flooring, stainless steel appliances, and bright white cabinets. The primary suite on the first floor is spacious and the ensuite bath has dual sinks and a huge closet. Upstairs is a second master, extremely spacious and it too has an ensuite bath with dual vanities and a large closet. Three additional bedrooms, all generous in size, plus the third full bathand laundry are on the second level too. Whether you need five bedrooms, or wish to designate a bedroom for an office, second family room, a playroom, or any combination - this townhome offers incredible versatility. Palmetto Reach is a small charming townhome community, a welcomed change from some of the sprawling communities that take ten to fifteen minutes to reach your home upon entry. Being a short ride to idyllic Downtown Summerville, you are close to all the restaurants, shops and festivals held on the green. This home is located in the heart of Summerville, where you are close to schools, parks, shopping and dining of all types! IS it time to give up the yard work but not give up on the spaciousness you need in a home? Rarely does a FIVE BEDROOM END UNIT come along, so don't delay in scheduling a tour of 127 Rosewood Court!
Source: CTAR #25006766
Financials
Source: CTAR #25006766
Source: Public records
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Other resourcesWhat is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.